{"id":556773,"date":"2023-10-24T10:00:46","date_gmt":"2023-10-24T10:00:46","guid":{"rendered":"https:\/\/wncen.com\/?p=556773"},"modified":"2024-06-11T07:23:33","modified_gmt":"2024-06-11T07:23:33","slug":"shibarium-rocket-shiba-inu","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shibarium-rocket-shiba-inu\/","title":{"rendered":"This Shibarium Milestone Could Rocket Shiba Inu To August Highs"},"content":{"rendered":"
Shiba Inu’s latest price action seems like the meme token has bounced off the critical $0.0000061 support level to set the stage for a possible bull run. The cryptocurrency is up by 3.63% in the past 24 hours and 5.79% in a seven-day timeframe.\u00a0<\/span><\/p>\n However, a larger timescale reveals a different picture, as the value of the cryptocurrency has dropped by 49% since reaching its yearly high of 0.00001471 on February 5. Nevertheless, positive momentum could be building up at the moment, particularly with Shiba Inu’s Layer-2 scaling solution <\/span>Shibarium <\/span><\/a>attaining a new milestone.<\/span><\/p>\n Shibarium was created to provide lower gas fees and faster transaction times for Shiba Inu. As a result, the Layer-2 scaling solution has been well accepted by the Shiba Inu community since it launched, despite having a few hiccups after its early stages. <\/span>Data from Shibariumscan<\/span><\/a> revealed that Shibarium recently surpassed 1.3 million blocks mined and a total transaction of 3.574 million.\u00a0<\/span><\/p>\nShibarium Reaches 1.3 Million Mined Blocks<\/h2>\n